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Income: Graduates

Volume 475: debated on Wednesday 7 May 2008

To ask the Secretary of State for Work and Pensions what the average income of graduates was in each region of England in each year since 1997. (201560)

Average (median) weekly gross income for graduates is shown in the following table.

Median weekly gross income for graduates (3-year averages), by Government office region, 1998-99 to 2005-06, in 2005-06 prices

£

Government office region

1998-99 to 2000-01

1999-2000 to 2001-02

2000-01 to 2002-03

2001-02 to 2003-04

2002-03 to 2004-05

2003-04 to 2005-06

North-east

411

402

423

441

459

448

North-west

430

434

448

455

456

454

Merseyside, Yorks and Humberside

411

406

421

441

441

440

East midlands

426

439

433

433

443

461

West midlands

454

450

445

455

456

446

Eastern

470

480

488

496

497

497

London

476

495

506

504

486

500

South-east

485

504

509

507

509

502

South-west

414

428

441

444

447

438

Wales

414

404

425

415

415

404

Scotland

440

451

451

458

457

462

Northern Ireland

430

432

Notes:

1. The information shown is for the United Kingdom from 2002/03 onwards. Earlier years are Great Britain only. Qualifications data are not available before 1998-99.

2. The results are based on survey data so are subject to sampling variability.

3. Graduates include anyone with educational and vocational degree level qualifications, in line with established definitions.

4. Weekly income amounts have been rounded to the nearest whole pound.

5. Median incomes have been presented. We have used median rather than mean as a measure of average incomes because they are less influenced by extreme values.

6. Three year averages of median incomes are presented as single year estimates are considered too volatile. These figures have been adjusted to account for the effect of inflation. This is consistent with the presentation of median incomes in the Households Below Average Income Publication.

7. The estimates are based on sample counts that have been adjusted for non-response using multi-purpose grossing factors that align the FRS to Government office region populations by age and sex. Estimates are subject to sampling error and remaining response bias.

Source:

Family Resources Survey, 1998-99 to 2005-06